Anonymous User wrote:
Anonymous User wrote:
Kirkland & Ellis does.
LOL...no they don't
they base bonuses on hours and we've never gotten an accurate number of how much people got to bill to get those above market bonuses.....plus we don't know how many associates they give above market bonuses.....so it could be a statistically insignificant number for all we know
Yeah, well you're one of the most obnoxiously wrong posters on this forum and I'm an insider who knows, so we're in luck.
If you bill roughly 2,000 hours, you'll make a market bonus. If you bill above 2,100 hours, you'll make an above market bonus. Go higher and you'll make many multiples of the market. I made roughly 3.75x of the market last year and I was in the high 2,000s. The number isn't "statistically insignificant" because 90% of associates bill above 2,100 hours.
This is pretty well known per ATL and careers.abovethelaw.com.
I wouldn't be getting giddy over a ~$28k bonus after killing yourself billing 2800 hours.
W&C is more prestigous than Kirkland and there is no billable requirement to making 180k as a first year. Susman pays 40-50k without a billable requirement. Plus I've talked to some Susman associates and they do about 2800 hours/yr and thought folks doing 3000 hours were crazy.
Try double that and I billed way less.
W&C is definitely more "prestigious," (though, technically, per the Vault rankings, that isn't true) but I don't really care. I was top 40% of my class in law school, so I doubt I had a chance there or at Susman. Nor do I care. These three firms focus on entirely different aspects of law, so they're not even competitors. Perhaps the most obvious sign that I really don't care about Susman or W&C is that I do transactions, not litigation.
FYI: Just because these firms don't have an official hours requirement, that doesn't mean they're working less. I'd say that associates at all three firms work pretty comparable hours. The fact that you even mention that these firms have no "billable hour requirements" as a plus betrays that you're an ignorant shithead law student. Fuck, the fact that you even bothered to mention "prestige" to a big firm associate betrays that you're an ignorant shithead law student. Nobody gives a shit about that stuff when you're actually working.